Recession Briefing 7.1

An increasing number of parents are trying to get their babies into the modeling business in the U.K., and
baby-modeling agents posit that parents might be doing this to earn extra money in the recession.
(
New York
/Daily Intel
)

The Detroit metro area continues to have the highest unemployment rate of large cities, with 14.9%.
(
CNN/Money
) Another example of how the downturn has hit every area differently. (
Recessionwire
)

A recent Gallup poll indicates that
drinkers don’t seem to care that there is a recession.
(
Baltimore
Sun
)

During the building boom, hundreds of thousands of homes were built, often with shoddy construction. Now, many of the owners of these almost-new homes need repairs that they can’t afford.
(
Wall Street Journal
)

Carlos Watson is concerned that the economy’s course will resemble a “W”
- dropping precipitously, beginning to recover, then dropping again before ultimately climbing. (
The Stimulist
)

41 percent of women who snack claim their snacking habits have been affected by the slowing economy.
(
Washington Post
)